Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Solent University, the British higher education institution based in Southampton, has confirmed plans to cut 109 jobs as part of a cost saving programme. The redundancy consultations with affected staff members and their representatives have already started.
A spokesperson for the university said the restructuring programme was in response to the impact of the COVID-19 pandemic and added that the university wanted to ‘retain a skilled and agile workforce'.
A representative of the trade union Unison criticised the restructuring programme which was announced at a time when staff were working exceptionally hard and called on the government to help universities overcome the crisis caused by the pandemic.
The university offers undergraduate and postgraduate programmes across five academic schools, including its famous School of Maritime Science and Engineering, and has over 11,000 students.
Eurofound (2020), Solent University, Internal restructuring in United Kingdom, factsheet number 102727, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/102727.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
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Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
